Sales Commissions
CAn I legally collect a sales commission if I sell my neighbor's home even though I am not a licensed Real Estate Agent ? IE: my neighbor tells me he wants to sell his house but he has not listed it with anyone yet. I tell him I have a friend that would buy it. Can he pay me a commission to sell it for him?
Hi bjd3,
You can't get paid a commission unless you are a licensed agent. However he can pay you a referral fee of some kind for finding him a buyer.
Essentially there is little to know difference, it just word games. Call up the title company and ask them how they would list this on the hud!
Best of Success!
BAMZ